Common use of Status of Award LTIP Units under the Plan Clause in Contracts

Status of Award LTIP Units under the Plan. The Award LTIP Units are both issued as equity securities of the Partnership and granted as a “Full Value Award” under the Plan. The Company will have the right at its option, as set forth in the Partnership Agreement, to issue Common Stock in exchange for partnership units into which Award LTIP Units may have been converted pursuant to the Partnership Agreement, subject to certain limitations set forth in the Partnership Agreement, and such Common Stock, if issued, will be issued under the Plan. The Grantee acknowledges that the Grantee will have no right to approve or disapprove such election by the Company.

Status of Award LTIP Units under the Plan. The Award LTIP Units are both issued as equity securities of the Partnership and granted as a “Full Value AwardOther Stock-Based Awards” under the Plan. The Company will have the right at its option, as set forth in the Partnership LP Agreement, to issue Common Stock in exchange for partnership units into which Award Vested LTIP Units may have been converted pursuant to the Partnership LP Agreement, subject to certain limitations set forth in the Partnership LP Agreement, and such Common Stock, if issued, will be issued under the Plan. The Grantee acknowledges that the Grantee will have no right to approve or disapprove such election by the Company.

Status of Award LTIP Units under the Plan. The Award LTIP Units are both issued as equity securities of the Partnership and granted as a “Full Value Award” under the Plan. The Company will have the right at its option, as set forth in the Partnership Agreement, to issue Common shares of Stock in exchange for partnership units into which Award LTIP Units may have been converted pursuant to the Partnership Agreement, subject to certain limitations set forth in the Partnership Agreement, and such Common Stock, if issued, will be issued under the Plan. The Grantee acknowledges that the Grantee will have no right to approve or disapprove such election by the Company.

Status of Award LTIP Units under the Plan. The Award LTIP Units are both issued as equity securities of the Partnership and granted as a “Full Value AwardOther Stock-Based Awards” under the Plan. The Company will have the right at its option, as set forth in the Partnership LP Agreement, to issue Common Stock Shares in exchange for partnership units into which Award LTIP Units may have been converted pursuant to the Partnership LP Agreement, subject to certain limitations set forth in the Partnership LP Agreement, and such Common StockShares, if issued, will be issued under the Plan. The Grantee Participant acknowledges that the Grantee Participant will have no right to approve or disapprove such election by the Company.

Status of Award LTIP Units under the Plan. The Award LTIP Units are both issued as equity securities of the Partnership and granted as a “Full Value Award” under the Plan. The Company will have the right at its option, as set forth in the Partnership Agreement, to issue Common shares of Stock (as defined in the Plan) in exchange for partnership units into which Award LTIP Units may have been converted pursuant to the Partnership Agreement, subject to certain limitations set forth in the Partnership Agreement, and such Common Stock, if issued, will be issued under the Plan. The Grantee acknowledges that the Grantee will have no right to approve or disapprove such election by the Company.

Status of Award LTIP Units under the Plan. The Award LTIP Units are both issued as equity securities of the Partnership and granted as a “Full Value AwardOther Stock-Based Awards” under the Plan. The Company will have the right at its option, as set forth in the Partnership LP Agreement, to issue Common Stock in exchange for partnership units into which Award LTIP Units may have been converted pursuant to the Partnership LP Agreement, subject to certain limitations set forth in the Partnership LP Agreement, and such Common Stock, if issued, will be issued under the Plan. The Grantee acknowledges that the Grantee will have no right to approve or disapprove such election by the Company.

Status of Award LTIP Units under the Plan. The Award LTIP Units are both issued as equity securities of the Partnership and granted as a “Full Value AwardUnits” under the Plan. The Company will have the right at its option, as set forth in the Partnership LP Agreement, to issue Common Stock in exchange for partnership units into which Award LTIP Units may have been converted pursuant to the Partnership LP Agreement, subject to certain limitations set forth in the Partnership LP Agreement, and such Common Stock, if issued, will be issued under the Plan. The Grantee Participant acknowledges that the Grantee Participant will have no right to approve or disapprove such election by the Company.

Status of Award LTIP Units under the Plan. The Award LTIP Units are both issued as equity securities of the Partnership and granted as a “Full Value Award” "Other Stock-Based Awards" under the Plan. The Company will have the right at its option, as set forth in the Partnership LP Agreement, to issue Common Stock in exchange for partnership units into which Award Vested LTIP Units may have been converted pursuant to the Partnership LP Agreement, subject to certain limitations set forth in the Partnership LP Agreement, and such Common Stock, if issued, will be issued under the Plan. The Grantee acknowledges that the Grantee will have no right to approve or disapprove such election by the Company.

Status of Award LTIP Units under the Plan. The Award LTIP Units are both issued as equity securities of the Partnership and granted as a “Full Value AwardUnits” under the Plan. The Company will have the right at its option, as set forth in the Partnership Agreement, to issue Common Stock in exchange for partnership units into which Award LTIP Units may have been converted pursuant to the Partnership Agreement, subject to certain limitations set forth in the Partnership Agreement, and such Common Stock, if issued, will be issued under the Plan. The Grantee Participant acknowledges that the Grantee Participant will have no right to approve or disapprove such election by the Company.